Wednesday, March 14, 2012

ObamaCare: If Possible, The News Is Getting Worse - Forbes

ObamaCare: If Possible, The News Is Getting Worse - Forbes:


Investors recoil. Uncertainty about the future of the health sector is also drying up investor capital — and threatening tomorrow’s medical innovations. The share of venture dollars flowing to seed and early-stage investments in biotechnology and medical devices has plummeted since 2007, when investors pumped $3.6 billion into 332 deals in which a price was disclosed, according to data compiled for Kaiser Health News by FactSet Research Systems. Overall venture investing declined by nearly one-third as the economic recession set in.
The really harmful effect.  Years lost we can never recover.

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